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Receipts and payments A/C
Accountancy
answered on 16-Feb-21 20:42
Does depreciation appear in the above ac ?
latest answer
No.it appears in income and expenditure account. Receipts and payments ac involve only summary of actual cash transactions
Meda Jeevansai
CA Final
★ 21K+
2
718
Journal entries
Accountancy
answered on 13-Feb-21 16:40
How to know particular account effected in transaction and apply rules?
latest answer
Did you complete the chapter on Journal Entries.
Ganesha P
CBSE XII
★ 0
1
726
AS 10
Accountancy
answered on 13-Feb-21 16:40
When there is an exchange in the items of PPE with no commercial substance and fair value of both the assets is not ascertainable ,then carrying value of the asset given up shall be reduced by 'amount settle up paid' or 'amount received' ?
latest answer
No. Unless some other asset is received - say cash is received in part.
Kumar Sarthak
CMA Final
★ 12K+
3
773
Rectification of errors
Accountancy
answered on 17-Feb-21 22:23
What is entry for: An amount of rs 100 was received from D.Das on 31rst December but has been omitted to enter in the cash book
latest answer
Thankyou sir
Harshavardini K B
CA Inter
★ 6K+
5
875
Fire insurance
Accountancy
answered on 11-Feb-21 12:37
Does normal sales include or not include damaged goods ?? Pls state with reason
latest answer
Abnormal items of goods should be excluded while preparing trading account
Reetikaa R
CA Final
★ 7K+
6
776
accounting standards
Accountancy
answered on 10-Feb-21 20:51
what are the AS are comes under inter Group 1 and group 2 ?
latest answer
Tq Deepak
Thippeswamy G Lucky boy
CA Inter
★ 4K+
2
836
Calculation of claim incase of loss of profits
Accountancy
answered on 11-Feb-21 12:41
The company incurred additional expenses amounting to ` 9,300 immediately after the fire and but for this expenditure, the turnover during the period of dislocation would have been only ` 55,000 (could u plz explain this)
latest answer
This information is used to carry out additional expense which are allowable at the time of calculation of claim
GOKULA LAKSHMI
CA Final
★ 21K+
3
790
Dependent, independent and foreign branch chapter
Accountancy
answered on 10-Feb-21 20:51
Sir i have purchased the above stated individual chapter.vedio number 24 time 8.10minutes. why have you not removed or reduced the invoice price which branch returned or sent goods to head office
latest answer
Tq ruchi
youtube movies
CA Inter
★ 110
3
764
Financials Preparation
Accountancy
answered on 07-Feb-21 10:11
Preparing financials of a company , with the help of AS 7 , contracting business , as per GST provision 2 % GST - TDS applicable on reciving payments from Govt .Departments , but the assessee not any documents regarding the same & its not identified from GST returns , how adjust the amount while preparing financials ?
latest answer
Ok
Balamurali Unnithan M S
CA Inter
★ 3K+
7
652
managerial remuneration
Accountancy
answered on 08-Feb-21 10:13
do we need to deduct interest on debentures from gross profit ?
latest answer
yes
Kumar Sarthak
CMA Final
★ 12K+
1
720